Vacant Land Residential for sale
Create family-focused cluster living minutes from Waterkloof High, Elarduspark and Castle Gate, with generous consolidated erven, potential for a communal garden and abundant parking.
Prime Development Opportunity for Cluster Housing Developers
Location: Situated in a highly sought-after area near Waterkloof High School, Elarduspark Primary, Route 21 Industrial Park and Castle Gate, these three adjoining erven present a unique investment opportunity in one of Pretoria’s most desirable residential zones.
Highlights:
·Strategic Location: Positioned within easy reach of top schools and prominent shopping and lifestyle centres, these erven are ideal for families seeking proximity to quality education and amenities.
·Exceptional Demand: With the rapid urbanization in Pretoria’s eastern suburbs, there is an increasing demand for modern, secure cluster housing options. This property offers developers the perfect canvas to satisfy that need.
·Community Appeal: The area is well-known for its vibrant, family-friendly environment, established infrastructure, and secure neighbourhood, making it highly attractive to prospective homeowners and tenants alike.
Investment Potential:
·Flexible Development: The size and zoning of these erven allow for a versatile approach, accommodating multiple units in a well-planned cluster housing setup.
·High Return on Investment: Cluster developments are particularly popular in this area, with a track record of strong rental yields and excellent property appreciation, making this a highly profitable venture...
·Growth Market: The proximity to major thoroughfares and the constant growth in commercial and residential developments make this an ideal time to invest.
This is a rare opportunity for developers looking to capitalize on one of Pretoria`s high-demand residential areas. Create a desirable cluster housing development that brings style, convenience, and quality living to a thriving community!
The three properties rezoned for “Residential 3” is owned by a (Pty) Ltd, which would enable transfer to a developer seamlessly. The owners (Pty) Ltd also guarantees the successful consolidation of the properties, as well as the rezoning to “Residential 3” in order to develop a single Residential
·Development on the three properties.
·Zoning - Res 3
·Parking Provided - 55 (required 36)
·Hight allowed - 2 storeys
·Coverage allowed - 50%
·24 unit site plan from 76sqm - 96sqm
Call us today for a viewing!!!
Listed for sale at R11,750,000
Wide price range across Pretoria
Prices vary widely across Pretoria, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Pretoria.
Market depth
134 similar homes
152 listings across Pretoria
176 days
Median time on market
Many similar homes
Active across Pretoria
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Elarduspark is a peaceful, well-established residential suburb in Pretoria East that offers families a convenient lifestyle with easy access to major highways, reputable schools, and local shopping centers.
